Members News

06 July 2023

Energiasalv Secures EUR 11 Million Additional Funding for Zero Terrain PHS Project in Paldiski, Estonia

Energiasalv has acquired another EUR 11 million in additional financing for its EU Project of Common Interest (PCI project), the "Zero Terrain Paldiski" Pumped Hydro Energy Storage (PHS) plant in Estonia. The funding includes strategic investments from Alexela, Sunly, Combiwood Group, Warmeston, and Kiikri Kodu, further strengthening the project's financial position. 

03 May 2023

Voith Hydro wins order to expand Kruonis pumped storage plant in Lithuania

Voith Hydro wins order to expand Kruonis pumped storage plant in Lithuania. Lithuania is investing in energy security, Kruonis pumped storage plant to be expanded for EUR 150 million and Voith Hydro is chosen to implement project as general contractor.
20 March 2023

Voith Hydro and STRUCINSPECT advance monitoring of hydropower civil structures

Voith Hydro and STRUCINSPECT advance monitoring of hydropower civil structures, embodying a strong partnership between an experienced equipment supplier and a successful corporate start-up from Austria. Digital inspections lead to state-of-the-art digital infrastructure and lifecycle management, with the first hydropower facility monitoring currently underway in Scotland.

09 March 2023

Voith Hydro opens new center of competence for generator components

Voith Hydro opens a new centre of competence for generator components located in central Europe, whose portfolio covers bars, coils, and poles for hydropower generators. The state-of-the art facility supplies Voith Hydro’s African and European markets as well as the Americas. Local officials and company representatives inaugurated the new generator component hub at the end of last year.

17 February 2023

ION Renewables Signs Exclusivity Agreement to Bring Mitsubishi Power’s Emerald Storage Solutions to Ireland

The battery energy storage projects will add 185.5 megawatt / 371 megawatt-hours of fast frequency and capacity response.

16 February 2023

First horizontal, six-nozzle Pelton turbine – Voith Hydro sets new benchmarks at Gerlos 1 power plant

Voith Hydro reaches milestone in Pelton technology : at the Gerlos 1 pumped storage power plant in Tyrol, energy utility Verbund replaces four turbines by one, thanks to new concept which holds great potential for upgrading hydropower plants worldwide.

07 February 2023

EU Project TwinVECTOR

Pooling European competence in the development of world-class next-generation batteries

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